Russia’s state nuclear corporation Rosatom is expanding its footprint beyond energy, striking a new logistics partnership with Dubai-based port operator DP World. The two companies have agreed to establish a joint venture in which Rosatom will hold a 51% stake, while DP World will own the remaining 49%, according to a company spokesperson.

As part of the deal, Rosatom will contribute its 92.4% stake in Russian transport group FESCO, a key player in container logistics. DP World, meanwhile, will invest capital into the venture, with the final amount linked to FESCO’s market valuation.

The agreement remains subject to regulatory approvals from Russia’s government commission on foreign investments and the Federal Antimonopoly Service.

The partnership aligns with Rosatom’s broader strategy to evolve into a global logistics operator by leveraging its infrastructure capabilities to increase cargo flows, particularly along the Northern Sea Route, an emerging Arctic corridor along Russia’s northern coastline.

For DP World, the deal provides deeper access to Russian and Arctic trade networks while strengthening its position in global supply chains. Rosatom, in turn, gains access to DP World’s extensive international port infrastructure and logistics expertise.

The collaboration also reflects a growing focus on alternative trade corridors, as companies seek to diversify routes and reduce reliance on traditional shipping lanes. This positions the Northern Sea Route as a potential future artery for global commerce.